VITALE DAVID J 4
4 · United Continental Holdings, Inc. · Filed May 28, 2019
Insider Transaction Report
Form 4
VITALE DAVID J
Director
Transactions
- Exercise/Conversion
Share Units
2019-05-24−2,284→ 0 totalFrom: 2019-05-24Exp: 2019-05-24→ Common Stock (2,284 underlying) - Award
Share Units
2019-05-23+2,103→ 2,103 totalFrom: 2020-05-23Exp: 2020-05-23→ Common Stock (2,103 underlying) - Disposition to Issuer
Common Stock
2019-05-24$81.11/sh−1,142$92,628→ 17,483 total - Exercise/Conversion
Common Stock
2019-05-24+2,284→ 18,625 total
Footnotes (3)
- [F1]Each share unit was the economic equivalent of one share of common stock. Upon vesting, the share units were settled (i) 50% in cash based on average of the high and low sale prices of a share of the Company's common stock on the date of settlement (or the average of the high and low sale prices of the common stock on the preceding trading day if the settlement date is not a trading day) and (ii) 50% in shares of the Company's common stock, with any odd or fractional units rounded toward the share units to be settled in cash.
- [F2]Each share unit represents the economic equivalent of one share of common stock. Upon vesting, the share units are settled (i) 50% in cash based on average of the high and low sale prices of a share of the Company's common stock on the date of settlement (or the average of the high and low sale prices of the common stock on the preceding trading day if the settlement date is not a trading day) and (ii) 50% in shares of the Company's common stock, with any odd or fractional units rounded toward the share units to be settled in cash.
- [F3]Additional share units accrue when and as dividends are paid on the Company's common stock. The number of share units accrued will be equal to the dollar amount of dividends that would be payable if the share units were actual shares of common stock, divided by the average of the high and low sale prices of a share of the Company's common stock on the date dividends are paid.